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The New York Department of Financial Services on Wednesday announced a settlement with Gemini, the crypto firm founded by the Winklevoss twins, related to its product Gemini Earn. As part of the ...
Meanwhile, the twins have been running a campaign urging Gemini Earn customers to reject the proposals—presumably because they want Silbert to cough up more money. That appears to be what ...
She claimed they caused more than $1 billion of losses by misleading investors about the Gemini Earn program, which let customers lend crypto assets to Genesis in exchange for a high rate of return.
The Lady Luck Biloxi, losing money and lacking space to expand, [60] was sold the following year to Grand Casinos, owner of the neighboring Grand Casino Biloxi, for $15 million and closed. [61] The Lady Luck Central City, also losing money, was sold in 1998 as well, to its mortgage holder, J.D. Carelli, for $2.75 million in forgiven debt. [62]
The Earn program was halted during a crypto market crash in November 2023, and its failure has spurred litigation between Genesis, Gemini, and Genesis's parent company, Digital Currency Group.
Eric Persson is an American businessman and co-founder and CEO of Maverick Gaming. Persson is also known for participating in a cash game poker match that yielded one of the largest pots in American televised poker history, $1,978,000, and for owning/operating the Maverick Gaming casinos in Nevada, Colorado, and Washington.
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